Retirement plan

TRANS-BRIDGE INC UNION EMPLOYEES SAVINGS AND INVESTMENT PLAN

Name: TRANS-BRIDGE INC - TRANS-BRIDGE INC UNION EMPLOYEES SAVINGS AND INVESTMENT PLAN (2024) Form 5500
Creator: TRANS-BRIDGE INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TRANS-BRIDGE INC UNION EMPLOYEES SAVINGS AND INVESTMENT PLAN, TRANS-BRIDGE INC

TRANS-BRIDGE INCEIN 23-2200648Plan #001PY 2024

2012 INDUSTRIAL DRIVE - BETHLEHEM, PA 18017610-868-6001

Other plans on this EIN

1 filing

#002Retirement-$4.5M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.8M

+14.0% from 2023

Total participants

+9.5% from 2023

Average account balance

$47,733

+5.4% from 2023

Annual return

10.84%

-4.20 pp from 2023

Benchmarks

See 4,585 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort4,585 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$3.82M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$48K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

111.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$343K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+10.84%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$3265

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2G2J2T3D2F

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$261K

$3628 / participant

Other / not subdivided$261K100.0%

% of EOY assets

6.841%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$47,733

$55,902-14.6%

$76,030-37.2%

$80,959-41.0%

Participation rate

83.3%

62.1%+21.3pp

69.1%+14.3pp

67.7%+15.7pp

Annual return

10.84%

20.59%-9.8pp

361.54%-350.7pp

35.67%-24.8pp

Employer contribution / active EE

$1,214

$1,867-35.0%

$2,688-54.8%

$2,757-56.0%

Participant deferral / active EE

$3,555

$3,051+16.5%

$4,257-16.5%

$4,300-17.3%

Admin fee / account holder

$3,265

$5,239-37.7%

$6,421-49.1%

$6,925-52.9%

TRANS-BRIDGE INC UNION EMPLOYEES SAVINGS AND INVESTMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TRANS-BRIDGE INC UNION EMPLOYEES SAVINGS AND INVESTMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion